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Reduced Rate Offer

Get some peace of mind and protect yourself against interest rates that may rise over the long term. With this special offer, you can lock-in the amount of your payments for the selected term at an attractive rate2.

Reduced rate (APR equivalent)
5 years
3.99%*

Examples of potential savings (mortgage amortized over 25-years):

Loan amount Reduced rate
(APR equivalent1)
Regular rate
(APR equivalent1)
Savings
over 5 years3
$100,000 3.99% 5.44%

$6,954.30

$200,000 3.99% 5.44% $13,908.60
$300,000 3.99% 5.44% $20,862.90

This table constitutes a hypothesis and is used to illustrate the benefits that could be derived from this product under identical conditions. This data does not in any way create a legal or contractual obligation for National Bank.


Eligibility




Apply now

Or call us!

Contact a National Bank mortgage expert without delay for more information about this mortgage offer.

1-888-4-TELNAT

(1-888-483-5628)


To take advantage of our special offer, simply sign up for one of the following solutions:

A 5-year fixed-rate mortgage (first ranking);

An All-In-One line of credit with integrated 5-year fixed rate mortgage loan;

A Multi-Choice mortgage with a 5-year fixed-rate portion.

View all our mortgage solutions

National Bank extras

Sign up for our CashBack offer and enjoy:

No monthly fees for 6 months on the AccessPlus banking package4.

An introductory rate of 3.9% on balance transfers and cash advances5 for the first 6 months on an eligible National Bank MasterCardTM.

After this period, the regular annual interest rate, currently 19.5%, will be applied. The eligible cards are: Edition, Allure, Ovation Gold and Platinum. As at July 15, 2011, annual fees are $0 for the Edition card with CashBack, regular interest rate, $20 for the Edition card with CashBack, reduced interest rate, $20 for the Edition Card with the À la carte Rewards Plan, regular interest rate, $40 for the Edition Card with the À la carte Rewards Plan, reduced interest rate, $0 for the Allure card with CashBack, $20 for the Allure Card with the À la carte Rewards Plan, $95 for the Ovation Gold card and $125 for the Platinum card.



TM MasterCard is a trademark of MasterCard International Inc. Authorized user: National Bank of Canada.
1 APR means "Annual Percentage Rate" and represents the total interest and fees charged by the Bank, expressed as an annual percentage. As borrowing costs consist only of interest, the APR is the annual interest rate in effect as at May 4, 2012, based on a fixed-rate mortgage with a five-year term.
2 Financing subject to credit approval by National Bank. Limited-time offer. Rates are subject to change. Financing must be for a residential dwelling with 1 to 4 units. These mortgage offers cannot be combined with any other offer, promotion or advantage at National Bank, except the free AccessPlus banking package for six months (for individuals who do not have banking packages at National Bank) and the MasterCard promotion with an introductory rate on balance transfers and cash advances (for individuals who do not have a National Bank MasterCard). Employees of National Bank, its subsidiaries and affiliates are not eligible for these offers. National Bank reserves the right to end the promotion at any time without notice. Complete details and conditions are available in branches.
3 Theses examples are based on a five-year term and a hypothetical rate of 5.44%. The reduced payments will result in savings on interest and a higher proportion of principal repaid.
4 This offer applies to persons who do not have a banking package at National Bank. Limited time offer. National Bank reserves the right to end the promotion at any time without notice. The monthly fee exemption on the package will apply when signing up for the AccessPlus package. Once the exemption period is over, current pricing will apply. Details are available in branches.
5 Subject to credit approval by National Bank. Offer valid until October 31, 2012. This offer applies to anyone who does not have a National Bank MasterCard. The promotional rate applies only to balance transfers and cash advances during the first six (6) monthly billing periods covered by the MasterCard statement (i.e., approximately six (6) months after the date the card is issued). After this period, all balance transfers and cash advances will be subject to the regular annual interest rate in effect for the chosen card. The promotional rate may be revoked if your account is not in order. Accordingly, please refer to the conditions governing the use of the National Bank of Canada MasterCard. No interest will be charged on purchases made during the month provided the client pays the balance in full within 21 days following the date of the statement. This grace period does not apply to cash advances or balance transfers. The minimum payment to be made to the Bank every period will be equal to 3% of the unpaid balance indicated on the monthly statement or a minimum of $10, whichever amount is higher (or the new unpaid balance if it is lower than $10). A statement of account is sent on a monthly basis.
Examples of credit charges calculated for a 30-day period based on the rate in effect as at June 30, 2011:

Average balance
Annual interest rate $500 $3,000
19.5% $8.01 $48.08
* The rate can be guaranteed up to 90 days following receipt of the request.
Complete a pre-approval or a mortgage application form.

Meet with a Mortgage Development Manager in your home.

Contact us
Branches
Telephone
514-394-5555
1-888-4-TelNat